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Keep Your Fleet Costs Down

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Keep Your Fleet Costs Down

Keep Your Fleet Costs Down
January 18
10:02 2017

Fleet managers will tell you that vehicle telematics can cut costs and make their jobs far easier. But what exactly is telematics? Essentially a live reporting tool, telematics comprise of a number of handy features including information on fuel usage, vehicle diagnostics, driver behaviour, traffic updates and of course live vehicle tracking. Above all telematics will save your business money.

It is a common misconception that telematics is an expensive, luxury tool that only the largest fleets can afford and ultimately benefit from. The truth is vehicle telematics can help any fleet from two vehicles upwards become more efficient and deliver real cost savings. Even after you take into account installation and operating costs (which may be much cheaper than you think), telematics will cut your overall business vehicle costs.

The key benefits of using telematics are three fold: they allow you to monitor fuel use and fuel efficiency; they increase productivity through better vehicle routing; and they promote safe driving. Of course all three will benefit businesses no matter what their fleet size, but the first two points in particular are of value to smaller fleets as they directly reduce monthly fuel bills.

With a fleet of any size, every driver and vehicle is crucial to effective business operations. Having even one vehicle knocked out of circulation can have a huge impact on productivity and additional strain on drivers and vehicles still in circulation. This is where the second key benefit of telematics comes into play. You can always see where your drivers are in real-time, which allows for much more efficient job allocation and route planning.

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